Adani Realty has entered into a joint venture agreement with Marathon Nextgen Realty to develop a large-scale real estate project in Mumbai, estimated to have a Gross Development Value (GDV) of Rs 3,400 crore.
The upcoming mixed-use project, named Monte South Commercial, will span around 1.2 million sq. ft. and feature premium office spaces, retail zones, and modern amenities. It will form part of the larger Monte South campus, a landmark development comprising four residential towers, each rising over 64 storeys, with a total residential sale carpet area exceeding 1.6 million sq. Ft.
“Monte South Commercial will set a new benchmark for South Mumbai’s business landscape combining design excellence, efficiency, and long-term value,” said Mayur Shah, Vice Chairman, Marathon Nextgen Realty Ltd.
Adani Realty, the real estate arm of the Adani Group, has developed nearly 31 million sq. ft. to date, with another 108 million sq. ft. under development across Ahmedabad, Mumbai, Pune, and Gurugram. Its portfolio includes residential, commercial and social infrastructure projects.
